Free Trial

Federated Hermes Inc. Buys 259,648 Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS)

Skyworks Solutions logo with Computer and Technology background

Key Points

  • Federated Hermes Inc. significantly increased its stake in Skyworks Solutions by 7,517.3%, owning 263,102 shares valued at roughly $17 million.
  • Skyworks Solutions reported a net margin of 10.43% and a return on equity of 11.53% for its latest quarter, with earnings exceeding analysts' estimates.
  • The company's quarterly dividend was set at $0.70 per share, translating to a 4.1% yield, with a high payout ratio of 109.80%.
  • MarketBeat previews the top five stocks to own by September 1st.

Federated Hermes Inc. raised its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 7,517.3% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 263,102 shares of the semiconductor manufacturer's stock after purchasing an additional 259,648 shares during the quarter. Federated Hermes Inc. owned approximately 0.17% of Skyworks Solutions worth $17,004,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of SWKS. Principal Financial Group Inc. boosted its holdings in Skyworks Solutions by 9.1% in the 1st quarter. Principal Financial Group Inc. now owns 203,496 shares of the semiconductor manufacturer's stock valued at $13,152,000 after purchasing an additional 16,965 shares during the period. Perigon Wealth Management LLC raised its position in shares of Skyworks Solutions by 30.6% in the 1st quarter. Perigon Wealth Management LLC now owns 3,953 shares of the semiconductor manufacturer's stock valued at $255,000 after buying an additional 927 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Skyworks Solutions during the 1st quarter worth approximately $1,511,000. Envestnet Asset Management Inc. lifted its holdings in shares of Skyworks Solutions by 91.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 474,852 shares of the semiconductor manufacturer's stock worth $30,690,000 after acquiring an additional 226,938 shares during the period. Finally, Amalgamated Bank increased its stake in Skyworks Solutions by 1.5% in the first quarter. Amalgamated Bank now owns 31,496 shares of the semiconductor manufacturer's stock valued at $2,036,000 after acquiring an additional 458 shares during the last quarter. 85.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

SWKS has been the subject of several research analyst reports. JPMorgan Chase & Co. lowered their target price on Skyworks Solutions from $70.00 to $66.00 and set a "neutral" rating for the company in a research note on Thursday, May 8th. UBS Group increased their price objective on shares of Skyworks Solutions from $65.00 to $75.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Susquehanna increased their price objective on shares of Skyworks Solutions from $60.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 22nd. Mizuho increased their price objective on shares of Skyworks Solutions from $72.00 to $75.00 and gave the company a "neutral" rating in a research note on Tuesday, July 1st. Finally, Stifel Nicolaus increased their price objective on shares of Skyworks Solutions from $62.00 to $72.00 and gave the company a "hold" rating in a research note on Thursday, May 8th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and one has given a buy rating to the company. According to MarketBeat, Skyworks Solutions has a consensus rating of "Hold" and a consensus price target of $74.07.

View Our Latest Stock Analysis on Skyworks Solutions

Skyworks Solutions Stock Performance

SWKS traded up $0.24 during mid-day trading on Monday, reaching $67.93. 2,348,352 shares of the company traded hands, compared to its average volume of 2,161,881. The stock has a market capitalization of $10.20 billion, a P/E ratio of 26.64, a P/E/G ratio of 1.69 and a beta of 1.13. The company has a quick ratio of 3.84, a current ratio of 4.95 and a debt-to-equity ratio of 0.17. Skyworks Solutions, Inc. has a 52-week low of $47.93 and a 52-week high of $110.76. The company's fifty day moving average price is $72.83 and its 200-day moving average price is $70.18.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its earnings results on Wednesday, May 7th. The semiconductor manufacturer reported $1.24 EPS for the quarter, topping analysts' consensus estimates of $1.20 by $0.04. Skyworks Solutions had a net margin of 10.43% and a return on equity of 11.53%. The company had revenue of $953.20 million for the quarter, compared to analysts' expectations of $951.50 million. During the same quarter last year, the business earned $1.55 EPS. The firm's revenue was down 8.9% compared to the same quarter last year. On average, sell-side analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 17th. Stockholders of record on Tuesday, May 27th were issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Tuesday, May 27th. Skyworks Solutions's dividend payout ratio is presently 109.80%.

About Skyworks Solutions

(Free Report)

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.

Further Reading

Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

Should You Invest $1,000 in Skyworks Solutions Right Now?

Before you consider Skyworks Solutions, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Skyworks Solutions wasn't on the list.

While Skyworks Solutions currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines